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- HOW BANKS PREPARED FOR A U.S. DEFAULT. (2)
- GREECE’S ADVANTAGE IN THE CHICKEN GAME. (2)
- Nick: That makes sense. It reminds me of the stories Pater Familias would tell me about how in Boston the person with...
- Dick Weisfelder: Greece seems to me to be playing a game that Karl Deutsch called “underdog.” While one...
- FOOTBALL PLAYERS DELIBERATELY CAUSING CONCUSSIONS? (3)
- Nick: It was my understanding that boxing gloves were to protect the puncher’s hands and not the...
- Dick Weisfelder: Remember the Roman arenas? Bare knuckled boxing? Such injuries were taken as natural and accepted in...
- Mary Jane Schaefer: This isn’t about football. Or even sportsmanship. Well, it is about sportsmanship. But what...
- A 25 % CHANCE OF A EURO DEFAULT? (1)
- Nick: The fact that this has gone on for so long is pretty perplexing. The Economist is referring back to articles it...
- DECIDING WHAT KIND OF PATIENT YOU ARE. (1)
- Dick Weisfelder: One can be very open to new technology, but also risk averse. The recent debates about how to...
- THE EUROZONE—A CHICKEN GAME WHERE EVERY MEMBER CAN BLOW IT UP? (1)
- Mary Jane Schaefer: This is not a matter of chicken. These are all turkeys.
- PLAYING WITH MATCHES NEAR A GASOLINE TANK. (1)
- Mary Jane Schaefer: Why would the French care? As long as they take down Britain?
- NORWAY’S CHRISTMAS BUTTER SHORTAGE. (1)
- Mary Jane Schaefer: Christmas with a butter cookie shortage–in Scandinavia. This isn’t even Scrooge. This...
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Category Archives: Baseball
WHEN ARE SUNK COSTS SUNK?
WHEN ARE SUNK COSTS SUNK? Although the article by Baliga and Ely presents its arguments as an exception to the long-established rule that it is rational to treat sunk costs as by-gones, I think it is easier to view the … Continue reading
Posted in Baseball, Economics
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WHY SUNK COSTS SHOULD BE IGNORED.
WHY SUNK COSTS SHOULD BE IGNORED. Kids, you have probably encountered the the economic argument that it is a fallacy to take sunk costs into consideration in making a decision (“sunk costs” are defined in this wikipedia article as “retrospective … Continue reading
Posted in Baseball, Economics, Politics, Sports
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MY FAVORITE HOAX.
MY FAVORITE HOAX. This hoax was sent me by a friend who is a very astute authority on baseball. I wish I had been taken in by it.
Posted in Baseball, Sports
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TYLER DURDEN IS NOT A HOAX (COMMENT).
TYLER DURDEN IS NOT A HOAX (COMMENT). Dick Weisfelder and Nick picked up on the link in my post on rehypothecation to a post by Tyler Durden, whose picture on the blog looks like Brad Pitt. I completely missed that … Continue reading
Posted in Baseball, Economics, Sports
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MONEYBALL AND PIG FARMING.
MONEYBALL AND PIG FARMING. Lindy Hinkleman, a pig farmer in Idaho, has just had his second success in three years in national fantasy baseball contests. He won a grand prize of $100,000 this year and over $240,000 in 2009. This … Continue reading
Posted in Baseball, Economics, Sports
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ALBERT PUJOLS SHOWS LEADERSHIP.
ALBERT PUJOLS SHOWS LEADERSHIP. Over the years, some of the most violent criticism I have read in a newspaper results from a failure by an athlete to give an interview. The latest example followed an error in the ninth inning … Continue reading
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WAS THE RED SOX COLLAPSE A ONE IN 278 MILLION EVENT?
WAS THE RED SOX COLLAPSE A ONE IN 278 MILLION EVENT? The 278 million figure is fun to think about, and the events were dramatic. One home run by potentially the last batter in one of the games was by … Continue reading
Posted in Baseball, Economics, Science, Sports
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APOPHENIA AND SPORTS JOURNALISM.
APOPHENIA AND SPORTS JOURNALISM. In yesterday’s cartoon, the first character says: “A weighted random number generator just produced a new batch of numbers.” The other character replies: “Let’s use them to build narratives.” The caption at the bottom says: “ALL … Continue reading
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APOPHENIA—THE CARTOON.
APOPHENIA—THE CARTOON. I posted here on September 25 about apophenia, and I have since been encountering discussions of the phenomenon although they don’t use the new word. Nate Silver even linked to this cartoon which dramatizes the phenomenon. The site … Continue reading
Posted in Baseball, Economics, Journalism, Science, Sports
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THE STORY OF A LONG SEASON.
THE STORY OF A LONG SEASON. The use of statistics represented by MONEYBALL changed sports journalism as much as it did baseball on the field. There was a flood of baseball writing by newcomers writing from a different point of … Continue reading
Posted in Baseball, Journalism, Sports
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